Europe’s shared currency eked out a marginal gain of +0.1% versus its US counterpart last week, marking a fourth straight week in positive territory for the major currency pair. This will be a watched market ahead of Wednesday’s US CPI print, with technicals suggesting a move higher in EUR/USD from short-term support. Long-Term Picture There is little change...
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Good weekend guys, we made a huge profit last week, if your current account is in the red, or you are a new trader, you can contact me, no matter how much money you have, I can help you!
Good weekend guys, we made a huge profit last week, if your current account is in the red, or you are a new trader, you can contact me, no matter how much money you have, I can help you!
Good weekend guys, we made a huge profit last week, if your current account is in the red, or you are a new trader, you can contact me, no matter how much money you have, I can help you!
Hello,Friends! Previous week’s green candle means that for us the NZD/USD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.583. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.245 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/USD pair. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for GBPUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.252. The above observations make me that the market will inevitably achieve 1.223 level. P.S We determine oversold/overbought condition with RSI...
Here is our detailed technical review for GBPNZD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.079. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.076 level soon. P.S Overbought describes a period of...
NZDUSD is forming a ABCD reversal pattern, Trade is set by considering that price will break point B.
USD Strength on back of weak global growth has been the story so far, with upcoming CPI in the line of sight, getting the conviction on rate cuts will be firmed up. This could have an impact on USD Strength. Alongside this Local growth in China is showing positive signs which could be partially offset by some Trade tariff impact. However my view is Ascending...
On the EUR/USD chart, a compelling bullish opportunity has emerged with the identification of an AB=CD pattern accompanied by bullish divergence, suggesting potential upward momentum. Here are the key details: Entry: 1.07 Stop Loss: 1.05 Take Profit: 1.08 Capitalizing on potential upward momentum with controlled risk.
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
Price traded this week and closed at 0.66 level. If we can see price trade above 0.69 level, it could provide a buy opportunities while a fallback to 0.64 may provide a momentary bullish pullback
Expecting USD JPY to trade between 148 (Support) and 163 (Resistance)